For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Weiss Korea Opportunity Fund Ltd. | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | X | ||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||
An event changing the breakdown of voting rights | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to the notification obligation: iii |
Chalkstream Capital Group, L.P. | ||||
4. Full name of shareholder(s) (if different from 3.):iv |
(i) Chalkstream Investment Fund, L.P. (ii) Chalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P. (iii) Chalkstream Investment Fund (International), Ltd.[1] |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
19-June-2015 | ||||
6. Date on which issuer notified: | 22-June-2015 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii |
Situation previous to transaction: above 3%; Resulting situation after transaction: 2.91% |
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8. Notified details: | |||||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||||
Purchaser | Class/type of shares if possible using the ISIN CODE GG00B933LL68 |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | ||||||||||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x | |||||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||||
Chalkstream Investment Fund, L.P. | 2,779,777 |
2,779,777 |
2,147,047 |
2,147,047 |
N/A |
2.04% |
N/A |
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Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P. | 696,364 |
696,364 |
537,864 |
537,864 |
N/A |
0.51% |
N/A |
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Chalkstream Investment Fund (International), Ltd. | 477,859 |
477,859 |
369,089 |
369,089 |
N/A |
0.35% |
N/A |
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Total | 3,954,000 |
3,954,000 |
3,054,000 |
3,054,000 |
N/A | 2.91% | N/A | ||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||||
Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||||
Type of financial instrument |
Exercise price | Expiration date xvii | Exercise/ Conversion period xviii |
Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||||||||
Nominal | Delta | ||||||||||||||||||
Total (A+B+C) | |||||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||||
3,054,000 |
2.91% | ||||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
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Chalkstream Investment Fund, L.P.: 2,147,047 shares (2.04%) Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund, L.P.: 537,864 shares (0.51%) Chalkstream Investment Fund (International), Ltd.: 369,089shares (0.35%) |
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
Note: This notification is being furnished to the issuer pursuant to Article 15.1 of the issuer’s Articles of Association dated as of 11 September 2014, and is being sent on a Form TR-1 for convenience purposes. |
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14. Contact name: | Xiao-Hong Jing Chief Compliance Officer, Chalkstream Capital Group, L.P. |
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15. Contact telephone number: | +1 212 707-6100 | |
[1] Chalkstream Capital Group, L.P. is acting in its capacity as (i) investment adviser to Chalkstream Investment Fund, L.P., (ii) investment subadvisor to the Chalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P, and (iii) investment adviser to Chalkstream Investment Fund (International), Ltd.